Putnam Sustainable Future ETF (NYSEARCA:PFUT) Stock Price Down 1.4% – What’s Next?

Putnam Sustainable Future ETF (NYSEARCA:PFUT) traded down 1.4% during mid-day trading on Friday . The company traded as low as $25.27 and last traded at $25.27. 9,614 shares traded hands during trading, a decline of 60% from the average session volume of 24,300 shares. The stock had previously closed at $25.62.

Putnam Sustainable Future ETF Stock Performance

The firm’s fifty day simple moving average is $25.10 and its 200 day simple moving average is $24.53. The stock has a market capitalization of $266.11 million, a price-to-earnings ratio of 30.00 and a beta of 1.18.

Institutional Investors Weigh In On Putnam Sustainable Future ETF

A hedge fund recently bought a new stake in Putnam Sustainable Future ETF stock. Sentinel Pension Advisors Inc. bought a new stake in Putnam Sustainable Future ETF (NYSEARCA:PFUT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,305 shares of the company’s stock, valued at approximately $202,000. Sentinel Pension Advisors Inc. owned approximately 0.08% of Putnam Sustainable Future ETF as of its most recent filing with the Securities and Exchange Commission.

Putnam Sustainable Future ETF Company Profile

The Putnam Sustainable Future ETF (PFUT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks capital appreciation by targeting US-listed companies with positive environmental, social, and economic development contributions measured by proprietary sustainability criteria.